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Tag Archives: technology

Is Pandemic Tech Hurting or Helping Small Businesses?

Is Pandemic Tech Hurting or Helping Small Businesses?

Small businesses have had to get creative to survive the coronavirus pandemic and the lockdown enforced to curb the spread of the contagion. But the same technologies that sustained these businesses also yielded increased costs and complexities.

As our lives are increasingly more digitalized, business owners (of all sizes) are contending with new expenses relating to customer loyalty, relevance, and marketing.

Running a small business was never considered an easy undertaking. But technology is presenting emerging burdens to these businesses, making it even harder to stay afloat. Digital services have many associated costs and fees. Credit card companies and online payment providers take a piece of each sale.   There’s really no going back to a tech-less life. Businesses must rely on all sorts of technology for personal and commercial interactions. So while the apps and services are essential to most companies, business owners should keep a close watch on what they are spending and getting in return. They should invest time and energy in maximizing their benefit from these services, just as they look to maximize their bottom line.

How Fintech is Helping Small Businesses

How Fintech is Helping Small Businesses

The current ongoing coronavirus pandemic has led to some remarkable business discoveries, including the revelation that fintechs, primarily online financial service companies, are effective liaisons for small business owners as well. The agility and flexibility that most fintech companies have allows them to be responsive in real-time; they experienced fewer policy and bureaucratic hurdles than… Continue Reading

Seventh Cohort of New York Fashion Tech Lab

New York Fashion Tech Lab (NYFTLab), the community-driven, collaborative platform for promoting fashion, beauty and retail-tech advancement, launched its 7th group of supported businesses. NYFTLab is a program of Springboard Enterprises, supported by top tier retail, brand, and tech partners such as LVMH, Macy’s, Kohl’s, Levi Strauss and Co., Estée Lauder Companies, PVH Corp, Perry Ellis International, Accenture, Microsoft, and Avery Dennison. This is the… Continue Reading

Smarthome Showroom

Automation technologies are taking over almost every aspect of our lives. We have apps for almost everything and want the capacity to control much of our systems and platforms from our handheld devices. Leading New York City electronics integrator Sakab Designs recently opened a multi-floor technology center in New York City that allows visitors to experience the… Continue Reading

Using Tech to Breath Better

Residents in the tri-state area can take a deep- and clean(er)- breath in the coming year. OpenAQ is making sure of that! The open-source platform gathers air quality data from governments and international organizations in one site; it is all free and accessible to everyone. It is also cultivating a community of activists, scientists, and… Continue Reading

New York Colleges Offering More Tech-Ed

Five campuses of the City University of New York (CUNY) network are now offering more technology courses, bolstered faculty, and internship opportunities at local tech companies. This initiative is part of the city’s effort to double the number of CUNY alumni employed in the tech industry by 2022. New York’s Department of Small Business Services… Continue Reading

New Technology = New International Business Opportunities

In today’s world, the old saying “money talks” is truer than ever. But sometimes it really isn’t that easy to understand. International business opportunities have long been hindered by language barriers. When people and platforms struggle to communicate, it is no surprise that they can’t do business with each other. Thankfully, this problem is being… Continue Reading

Investors Bring Ethics Into the Spotlight with Open Letter to Apple

It’s not often that business matters intersect so directly with ethical discussions, but activist hedge fund JANA Partners wrote a letter to Apple with the California State Teachers’ Retirement System (Caltstrs) earlier this year asking them to become more directly involved in efforts to protect children from the potentially harmful effects of technology and screen… Continue Reading

Top Technological Developments of the 21st Century

Online shopping has swept people up across the globe, and was recently voted the biggest technological development of the 21st century in Britain. The majority of the world’s retailers offer online shopping opportunities, and other websites such as 6pm.com and overstock.com were created specifically to help people save money while shopping for their favorite brands… Continue Reading

PCs Pushed Aside by Mobile Devices

Intel, a long-time veteran in the personal computer industry, recently surprised analysts by missing their projections. The company’s apparent struggle is yet another sign that the traditional PC is being overshadowed by newer mobile devices such as tablets. Greg Bryant of Reuters.com recently discussed Intel’s approach for 2014:   Continue Reading